Chilean Metals begins trading today on OTCQX under the symbol "CMETF." U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

"We welcome Chilean Metals to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Joining OTCQX will enable Chilean Metals to provide its U.S. investors with transparent trading and convenient access to its news and disclosure so they can more easily analyze, value and trade its securities. We commend the company for taking this important step and wish it success in its future growth."

"We feel that upgrading to the OTCQX marketplace is the ideal way for us to reach our new and existing U.S. investors. The U.S. capital markets are the biggest and best in the world and we believe they will have a very positive role to play in the development of our company," commented Chilean Metals CEO Terry Lynch.

Chilean Metals Inc. an exploration stage mining company owns six 100%-owned properties comprising over 50,000 acres strategically located in the prolific IOCG ("Iron oxide-copper-gold") belt of Chile. Two of these projects are under review by third parties for possible purchase or joint venture. In addition Chilean Metals owns a 3% net smelter royalty (NSR) received from the recent sale of its Copaquire project to the Chilean subsidiary of Teck Resources Inc. Copaquire was adjacent Teck's operating Quebrada Blanca mine. Teck has the option to buy back 1% of the NSR for US$3 million at any time.

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